Likewise, clas rank (if your school does it, or otherwise a general knowledge of GPA distribution at your school by the colleges) will also make a differance: a 3.8 reads very differently to adcoms if it puts you in the top 5% of your class vs. the top 20%.
An employee's gross pay is the amount of his wages before any deductions, including taxes and benefits. Gross pay may be determined by the amount an employee works, as in hourly pay, or at a set rate, as in a weekly salary.
Gross pay is the amount of money a person makes performing a job before deductions. Deductions from pay are normally taxes. For example, if a person makes $14 an hour and works 20 hours during the week, their gross pay is $280. Net pay is the amount a person makes performing their job after deductions.The general formula for net pay is gross pay minus deductions. In the example, if the person pays $40 in tax and $10 in voluntary contributions to an Individual Retirement Account (IRA), then $280 minus $50 equals a net pay of $230.f calculating net pay from gross pay, then gross pay is a given variable. If gross pay is not given, simply multiply the hourly wage by the number of hours worked. For example, a person works for $16 an hour and works 40 hours during the week.